IPL 2021 Auction Today: League’s salary expenses set to cross INR 6000cr mark

Written by Abhishek Patil

The Indian Premier League (IPL) unarguably remains the most lucrative franchise-based T20 league in the world. Not just known in terms of its competitive nature on the field, but IPL is also famous among cricketers across the globe for its exquisite pay packages.

Players such as Virat Kohli, MS Dhoni, Rohit Sharma, Ben Stokes, Pat Cumins, etc. have been duly rewarded for their cricketing reputation by their respective franchises, earning multi-million dollar deals. With the auction for the 14th edition of the T20 league upon us, a few more players could fetch such record deals from franchises, as the likes of Steve Smith, Glenn Maxwell, Chris Morris, etc. are all on the lookout for new teams.

As per a report in Insidesport, the spendings of franchises in the IPL 14 auction could take the overall expenditure in the league in terms of salary to a new milestone on Thursday. With a total of Rs. 59,990,545,046 (5,999 Cr) already spend on salaries of players in the IPL since its inaugural edition in 2008, the season 14 of the league will see the expenses breach the Rs. 6,000 crore mark.

Considering the remaining slots in the squads of 8 franchises, a total of 61 players could be picked in the auction event in Chennai, with Royal Challengers Bangalore (RCB) being the franchise expected to be in the bidding war the most as they have 13 slots to fill.

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Abhishek Patil